Why Xiaomi Is Making Its Own Chips And Bringing Home Appliances To Europe

At Xiaomi’s first IFA showing, the company showed off a new foldable powered by its own chip, as well as a host of home appliances.

A Tiny Startup Helping Google Take On Nvidia Is Now Worth $18 Billion

A little-known company called Fluidstack has become a test bed for Google’s plans to push its own AI chip. That’s helped it hit a $18 billion valuation and minted its founders as new billionaires.

How NBA Journeyman Omri Casspi Built An $800 Million Venture Capital Firm

Former NBA role player Omri Casspi has already scored with investments in startups like Cognition and Eon. Now, his Swish Ventures is launching a $250 million fund.

Google Tapping A $350 Million Solar Plant Powered With Zinc Batteries

Its data centers will be the main customers for a grid-connected solar and battery plant that blends lithium packs for short-term use with 10-hour zinc modules.

A Robot That Can Draw Your Blood Is Coming To The U.S.

This week’s edition of InnovationRx looks at Vitestro’s newly authorized robot, Italy’s $10 billion pharma family, this year’s Covid-19 vaccines and more.

Why AI ROI Still Stumps Leaders — And How Context Closes The Gap: A Q&A With Atlassian’s People & AI Leader

Avani Prabhakar, chief people and AI enablement officer at Atlassian, shares why leaders still struggle to capture AI’s ROI and how companies can start driving impact.

Meet The Ex-OpenAI Guys Building A Cheaper Open Source Alternative

Just 15 months after it founding, Applied Compute is raising $350 million at a $3.25 billion valuation, nearly double its worth from four months ago.

AfterQuery Becomes YC’s Fastest Unicorn At $3.2 Billion

Twenty three year-old Spencer Mateega pivoted his YC startup into the fastest unicorn in the accelerator’s history, fueling AI’s shift toward human reasoning data.

Can Safer Fuel Power A Nuclear Energy Boom?

This week’s Current Climate newsletter also looks at how human-caused climate change is making El Niño stronger and growing demand for community solar projects

European tech weekly recap: Over €475M invested across 35+ deals
European tech weekly recap: Over €475M invested across 35+ deals

Last week, we tracked more than 35 tech funding deals worth over €475 million and over 5 exits, M&A transactions, rumours, and related news stories across Europe.📊 The top three industries that ra…